NOT LISTED FOR SALE

261 Preston Terrace Cheshire, CT 06410

Estimated Value: $903,000 - $993,000

4 Beds
4 Baths
4,467 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $590,000 $132 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,302/month

154 Days on Market

Highlights

  • Health Club
  • Medical Services
  • Sub-Zero Refrigerator
  • Darcey School Rated A-
  • Cabana
  • 1.52 Acre Lot

About This Home

As of August 2020

Iconic 1930s all brick 4,467 sq ft Custom Tudor situated on 1.5 acres in the center of town. Public Utilities, natural gas and a whole house Generac generator make for easy living. The tastefully updated home boasts a versatile floor plan which includes a 1st floor bedroom w/full bath, a library/office which could double as a 1st floor second bedroom. Gourmet Kitchen with gas cook top and stainless steel appliances, columned Living room and a private Master Suite with adjacent office or nursery with access to a private deck. Additionally the home offers updated mechanicals, a front and back staircase, finished LL media room, HW floors thru-out, central air and East/West exposure. The spacious lawns are perfect for a pool, pool house and tennis courts. Walking distance to the linear path, Park and Rec and Cheshire high school. Home offers a complete one year home warranty. A Rare find in Cheshire!! A Great value!

Last Agent to Sell the Property

Iris Meyer

William Raveis Real Estate License #RES.0463878 Listed on: 12/17/2019

William Raveis Real Estate

Last Buyer's Agent

Bonnie Collins

William Raveis Real Estate License #RES.0787485

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,584

Year Built

  • Built in 1937

Lot Details

  • 1.52 Acre Lot
  • Level Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Property is zoned R-20

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Shingle Roof
  • Masonry Siding

Interior Spaces

  • Central Vacuum
  • 2 Fireplaces
  • Awning
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Workshop
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Cabana
  • Balcony
  • Enclosed Patio or Porch
  • Terrace
  • Shed

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Doolittle Elementary School
  • Dodd Middle School
  • Cheshire High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Power Generator
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Public Transportation

Recreation

  • Health Club
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,584

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Tudor
  • Sq Ft Est Heated Above Grade: 3567
  • Sq Ft Est Heated Below Grade: 900
  • Total Sq Ft: 4467
  • Year Built: 1937
  • Nearby Amenities: Library, Medical Facilities, Park, Playground/Tot Lot, Public Pool, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • In Law Access: Possible
  • Association Amenities: Health Club, Medical Facilities, Park, Playground/Tot Lot
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 08/10/2020
  • Directions: Rte 10 to Cornwall to Preston
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Partially Finished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Central Vacuum, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Subzero, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Foyer, Mud Room, Sitting Room, Workshop
  • Laundry Room Location: Upper Level
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 261

Exterior Features

  • Exterior Features: Awnings, Balcony, Cabana, French Doors, Patio, Porch-Enclosed, Shed, Terrace, Underground Sprinkler
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved, Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Doolittle
  • High School: Cheshire
  • Intermediate School: Dodd

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 1.5200
  • Lot Description: May be Subdividable, Level Lot, Lightly Wooded, Fence - Partial, Professionally Landscaped
  • Zoning: R-20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 11584
  • Total Assessed Value: 348720
  • Mil Rate Base: 33.220
  • Mil Rate Total: 33.220
  • Assessor Parcel Number: 1091727

MLS Schools

  • Elementary School: Doolittle
  • High School: Cheshire

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Jul 24, 2020
Sold by
Iris T Meyer T
Bought by
Lambert-Holm Douglas and Holm Laura E
Seller's Agent
Iris Meyer
William Raveis Real Estate
Buyer's Agent
Bonnie Collins
William Raveis Real Estate
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Current Estimated Value
$949,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,160
Avg. Annual Appreciation
9.57%
Original Mortgage
$472,000
Outstanding Balance
$416,802
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$532,358

Purchase Details

Closed on
Jun 5, 2018
Sold by
Meyer Iris T
Bought by
Iris T Meyer T

Purchase Details

Closed on
Nov 6, 1987
Sold by
Koermer E Alfred
Bought by
Meyer Louis
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lambert-Holm Douglas $590,000 None Available
Lambert-Holm Douglas $590,000 None Available
Iris T Meyer T -- --
Iris T Meyer T T -- --
Meyer Louis $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert-Holm Douglas $472,000
Closed Lambert-Holm Douglas $472,000
Previous Owner Meyer Louis $395,000
Previous Owner Meyer Louis $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $590,000 -0.8% $132 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $595,000 -- $133 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,237 $512,330 $122,990 $389,340
2024 $14,069 $512,330 $122,990 $389,340
2023 $12,237 $348,720 $123,000 $225,720
2022 $11,968 $348,720 $123,000 $225,720
2021 $11,759 $348,720 $123,000 $225,720
2020 $11,584 $348,720 $123,000 $225,720
2019 $11,584 $348,720 $123,000 $225,720
2018 $10,925 $334,930 $123,700 $211,230
2017 $10,698 $334,930 $123,700 $211,230
2016 $10,279 $334,930 $123,700 $211,230
2015 $10,279 $334,930 $123,700 $211,230
2014 $10,132 $334,930 $123,700 $211,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170258343

SmartMLS

APN: CHES-000064-000125